Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Hub Acquires Assets of Houston’s Peak Financial Group
Mar 7 2019 // Hub International Limited (Hub), a global insurance brokerage headquartered in Chicago, has acquired the assets of Peak Financial Group LLC (Peak Financial Group) in Houston, Texas. Terms of the transaction were not...
Texas Canned Food Company Faces $194K in OSHA Penalties
Mar 6 2019 // The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has cited Bruce Foods Corp. – a Mexican food manufacturer based in El Paso, Texas – after an employee suffered an amputation....
Report: Flooded Home Buyouts in Texas’ Harris County Less Than Strategic
Mar 5 2019 // Long after the rains stopped and floodwaters receded, thousands of Texans whose homes were flooded by Hurricane Harvey tried to participate in buyout programs that would help diminish the property damage of future...
Ryan Specialty Group’s Acquisition of Myron F. Steves Complete
Mar 5 2019 // Chicago-based Ryan Specialty Group LLC has acquired the assets and operations of Myron F. Steves & Co. (Myron Steves), an independently owned wholesale insurance brokerage headquartered in Houston, Texas, with...
San Antonio Area Drug Company Sales Rep Pleads Guilty in $8M Fraud Scheme
Mar 5 2019 // A former pharmaceutical representative has pleaded guilty in Texas to a role in an $8 million health care fraud scheme that netted her over $1 million, according to U.S. Attorney John Bash and FBI Special Agent in Charge...
Gun Retailer Sued by Families of Texas Church Shooting Victims
Mar 4 2019 // Family members of victims of a Texas church shooting are suing a sporting goods chain that sold the weapons used in the 2017 massacre. The lawsuit filed in state district court in San Antonio alleges Academy Sports &...
Report: Insurers in Texas Provide Security, Investment and Jobs for Texans
Mar 4 2019 // A new report shows the impact of the insurance industry in Texas and the contributions it makes to the state. In addition to providing financial security and helping manage risk for Texans in all walks of life, insurance...
NTSB: Second Black Box from Doomed U.S. Cargo Plane Found in Texas Bay
Mar 4 2019 // Searchers combing a shallow Texas bay have recovered the second of two flight recorders from a cargo plane hauling Amazon packages that crashed last week, the National Transportation Safety Board said on Sunday, two days...
Declarations
Mar 4 2019 // Medical Cannabis “There is incredible medicinal value associated with cannabis.” — Kentucky Gov. Matt Bevin, on supporting the legalization of medical marijuana in the state. After losing a nephew to a...
2019 Outlook: Rates, Deductibles Likely to Rise Again in Texas Homeowners Insurance Market
Mar 4 2019 // Texas independent insurance agents might want to warn their homeowner insurance customers that premium hikes and/or increases in deductibles could be on the horizon this year. Homeowners insurers have been filing for rate...
Texas Bill Would Require Citizenship to Purchase Auto Insurance
Feb 28 2019 // A Texas state representative has filed a bill that would require proof of citizenship in order to purchase personal auto insurance. Rep. Bill Zedler, a Republican from Arlington (District 96), has filed HB 2648, which...
TDI: Former Texas Insurance Agent Who Faked Cancer Claims Sentenced
Feb 27 2019 // A Plano, Texas, woman pleaded guilty to insurance fraud for faking cancer claims to get more than $300,000 in insurance payments over two years, the Texas Department of Insurance announced. Karissa White Coleman, a former...
Search Continues for Remaining Body at Texas Plane Crash Site
Feb 27 2019 // Authorities have been searching a bay off southeast Texas for clues about what caused a Boeing 767 cargo plane carrying Amazon packages to nose-dive into the shallow water, killing all three men on board. A north wind...
Insurance Council of Texas Seeks Leadership Award Candidates
Feb 26 2019 // Property/casualty insurance trade group, the Insurance Council of Texas, is seeing candidate nominations for its annual industry leadership award. Since 1998, has awarded its Raymond Mauk Leadership Award to an individual...
FedNat to Buy Maison Homeowners Insurance Operations from 1347 Holdings
Feb 26 2019 // FedNat Holding Co. has agreed to purchase substantially all of 1347 Property Insurance Holdings homeowners’ insurance operations, consisting of Maison Insurance Co., Maison Managers and ClaimCor in a 50/50 cash and...
Texas’ Harris County to Get $320K Federal Grant for Flood Tunnel Study
Feb 25 2019 // The county home to Houston is in line to receive a $320,000 federal grant to evaluate a flood protection strategy that involves building deep underground tunnels to move stormwater to the city’s ship channel. The...
TxDOT: Traffic Fatalities Increased in Energy Producing Regions
Feb 22 2019 // Booming energy production has brought jobs and economic gains to communities throughout Texas, but also an unintended consequence with a rise in traffic fatalities and injuries, the Texas Department of Transportation...
Texas Woman Sentenced for $46K Workers’ Comp Fraud
Feb 20 2019 // A Texas woman owes just over $46,000 to the state’s largest workers’ compensation insurance carrier after being sentenced for workers’ compensation fraud in a Travis County district court. According to...
Winter Weather Advisories in Oklahoma, Texas and Arkansas
Feb 19 2019 // A storm system could yield snow and ice in Oklahoma, Arkansas and Texas, according to the National Weather Service. The NWS issued a winter weather advisory for Tuesday through Wednesday morning for parts of western Texas,...
Woman Awarded $37M by Texas Jury over Seat Belts
Feb 19 2019 // A Texas jury has awarded more than $37 million to a woman who sued Honda after being paralyzed in a 2015 car crash. Sarah Milburn sued the automaker over its seatbelt design after her Uber driver ran a red light and the...
